Birdwatch Note Rating
2023-05-03 18:33:44 UTC - HELPFUL
Rated by Participant: 371EE62C529227C3D5ADA4B36321091C3B1A4A43CBC6F54615165799F9533AF4
Participant Details
Original Note:
To avoid any misconception, crypto is not taxed higher than other gains, in Italy. As of Jan 2019, a flat tax rate of 26% applies to the total capital gains amount, regardless of the investment type. Therefore, crypto is now simply being recognized by the government. https://taxsummaries.pwc.com/italy/individual/income-determination#:~:text=The%20capital%20gains%20earned%20by,flat%20tax%20rate%20of%2026%25.
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